Wells Fargo & Co reissued their outperform rating on shares of InterXion (NYSE:INXN) in a research report sent to investors on Thursday. Wells Fargo & Co currently has a $68.00 price objective on the technology company’s stock, up from their prior price objective of $65.00.
Other equities research analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of InterXion from a hold rating to a buy rating and set a $66.00 target price for the company in a research note on Wednesday, January 3rd. SunTrust Banks reissued a buy rating and issued a $68.00 price target on shares of InterXion in a report on Thursday, December 7th. Oppenheimer reissued a buy rating and issued a $68.00 price target on shares of InterXion in a report on Tuesday, January 9th. Guggenheim reissued a buy rating and issued a $67.00 price target on shares of InterXion in a report on Thursday, January 25th. Finally, Barclays reissued a buy rating and issued a $72.00 price target on shares of InterXion in a report on Friday, January 19th. Two equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of Buy and an average target price of $65.27.
Shares of InterXion (NYSE:INXN) opened at $61.00 on Thursday. InterXion has a one year low of $38.05 and a one year high of $64.00. The stock has a market cap of $4,350.95, a PE ratio of 87.14, a P/E/G ratio of 5.84 and a beta of 0.74. The company has a quick ratio of 0.72, a current ratio of 0.63 and a debt-to-equity ratio of 1.21.
A number of institutional investors have recently added to or reduced their stakes in INXN. Vanguard Group Inc. raised its holdings in InterXion by 9.6% in the 2nd quarter. Vanguard Group Inc. now owns 32,977 shares of the technology company’s stock valued at $1,509,000 after acquiring an additional 2,883 shares during the period. State Street Corp increased its holdings in shares of InterXion by 8.4% during the second quarter. State Street Corp now owns 432,234 shares of the technology company’s stock worth $19,793,000 after purchasing an additional 33,429 shares during the period. Principal Financial Group Inc. increased its holdings in shares of InterXion by 7.0% during the third quarter. Principal Financial Group Inc. now owns 3,870,675 shares of the technology company’s stock worth $197,134,000 after purchasing an additional 253,658 shares during the period. Sei Investments Co. increased its holdings in shares of InterXion by 17.3% during the third quarter. Sei Investments Co. now owns 73,752 shares of the technology company’s stock worth $3,756,000 after purchasing an additional 10,871 shares during the period. Finally, Advisor Group Inc. increased its holdings in shares of InterXion by 38.7% during the third quarter. Advisor Group Inc. now owns 3,840 shares of the technology company’s stock worth $196,000 after purchasing an additional 1,071 shares during the period. 86.45% of the stock is currently owned by hedge funds and other institutional investors.
TRADEMARK VIOLATION NOTICE: “InterXion’s (INXN) “Outperform” Rating Reaffirmed at Wells Fargo & Co” was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this article on another site, it was illegally copied and republished in violation of US and international copyright and trademark law. The correct version of this article can be viewed at https://www.tickerreport.com/banking-finance/3255153/interxions-inxn-outperform-rating-reaffirmed-at-wells-fargo-co.html.
InterXion Company Profile
InterXion Holding N.V. is a provider of carrier and cloud neutral colocation data center services in Europe. The Company operates through two segments: France, Germany, The Netherlands and UK, and rest of Europe, which consists of its operations in Austria, Belgium, Denmark, Ireland, Spain, Sweden and Switzerland.
Receive News & Ratings for InterXion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterXion and related companies with MarketBeat.com's FREE daily email newsletter.